Former Texas Roadhouse, Naperville, Illinois
2856 Patriot's Lane
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Property Information
Price: | $2,900,00 |
Building Size: | Approximately 7,511 Square Feet |
Status: | Available |
Lead Broker Information: |
Randy Bell bell@realcapitalinvestments.com 214-380-3670 |
Property Description
Investment Highlights
- Repositioning Opportunity – 7,500+ Square Foot, 2nd Generation Restaurant Space – Former Texas Roadhouse
- Texas Roadhouse Operated at This Location for 15 Years and Relocated Down the Street to a Larger Site to Increase Capacity
- Texas Roadhouse Was Previously Paying $310,728 Per Year in Rent and Was Doing $4.7 Million to $4.9 Million Annually in Sales
- High Traffic Location – Situated at the Corner of IL Route 59 and Aurora Road, with Average Daily Traffic Counts Exceeding 108,000 Vehicles Per Day
- Densely Populated, Infill Location with Excellent Demographics – Over 209,000 People in a 5-Mile Radius with Average Household Income Exceeding $164,000
- High Barrier to Entry Market Containing Over 21.8 Million Square Feet of Retail & Restaurant Space within a 5-Mile Radius of the Property
- Large 1.46-Acre Parcel with 7,511 Square Feet of Improvements Built in 2006, with 84 Total Parking Spaces on Site
- More Than 54.9 Million Square Feet of Industrial & Office Space within 5 Miles of the Property, Resulting in an Extremely High Daytime Population of More Than 8,900 Businesses & 120,000 Employees
- Positioned a Half Mile from the Route 59 Metra Rail Station That Has an Average of Over 297,400 Weekly Passengers, Making it the Busiest of BNSF Metra’s 236 Non-Downtown Chicago Commuter Railway Lines
- Tremendous Multifamily Density with Over 17,200 Apartment Units within 5 Miles of the Property